Shortsell
GOLD 19/6 @ Downtrend prevailsThe price of gold (XAU/USD) is currently being affected by negative market sentiment towards China and concerns about the Federal Reserve (Fed). It is currently trading near its lowest point of the day, around $1,955 in early Monday trading in Europe.
Recent news about several banks lowering their growth forecasts for China has dampened investor appetite for risk and put downward pressure on the price of gold. Additionally, comments from Fed policymakers that lean towards a more hawkish stance, along with the latest report from the US central bank to Congress, have also influenced the XAU/USD price.
It is also because of pressure from bad news from the world. Gold price has not been able to break through the Break out area of $1968, it is still trending down this week, June 19, 2023
Entry Short $1968 -$1970 , Buy zone $1943 - 1940
Use the technical analysis indicator strong resistance point at $1968 combined with the moving averages MA34 and MA89 , for a nice entry point .
BOO Short Sell (Circa 7-8%)BOO Short Sell based on equilateral triangle pattern within levels of resistance. Breakout will favour bearish. TP 37.45 based on previous resistance levels.
I see GBPAUD retracing before it shootsI'm seeing that on the weekly GA broke WR and now I'm waiting for price to retrace back and then on Daily I already have a bearish candle which makes me scale down to 4h and I'm seeing a possible BoS happened price failed to break previous HH and now waiting for a Break and retest of the range for a SHORT TERM sell and then find the major buy when price fully retrace and BoS on the H4
Gold: Anticipate temporary correctionA notable impulsive movement has been observed in the gold market, with the price surging from 1808 to 1831.
My technical analysis suggests that the price has entered a profit-taking zone, which could prompt buyers to offload some of their positions before resuming their purchases. Consequently, there is a possibility that the price could experience a temporary decline to the 1824-1820 range, or possibly lower, before the bullish trend continues.
NAS100 Short~Looking for a drop after a retest of the previous support lvl that was broken. noting looking back u can see it being a resistance lvl that was turned into a support lvl Im only looking to short till the nearest support area which would be on the 11,900 mark but this is a practice test of my own strategy or trade style I'm trying to build. so (DEMO Trade)
UJ Looking for bearish movement to the downside 02/23/23$USDJPY -Looking for bearish movement to the downside after top down analysis.
Looking for a retest at my POI lead to this bias.
Good luck!
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Eth - intraday trading If the upward trend continue, we should consider possible sclap trades.
Short entry: 1231,56
Stop loss: 1234
Tp1: 1226,68
Risk reward: 1:2
EURGBP - Trade SetupHello Dear Fellows , how are you , hows going your trading , in todays Trading Session i am not much expecting from any pair , or you can say i am not feeling confident as Currency Pairs are not align yet properly , I chose EURGBP pair for todays trading session as it has room to move further downside and it has good Risk Reward too ,
Anyways , Trade with Strict Risk Management do not excited ever !
Best Of Luck !
( i Keep Updating Trade idea whether its going good or not , so keep your eyes on updates if you are following this idea )
NAS100 1h Short SellI have interest in this orderblock/Supply zone. It has a great expansion or drop away from the level and it even left behind a fair value gap. But if price continues breaking swings to the downside, I will promptly lose interest in this sell set up. The drop, whether price retraces or not, is supported by the daily time frame where it seems that price is heading for a huge fair value gap to fill.
Range Bound View On SGX NIFTY SGX NIFTY is Consolidating From Today's Opening SGX NIFTY Needs To Break Previous Day Closing High @16230 If SGX NIFTY Breaks @16230 Then SGX NIFTY Turn Bullish Trend If SGX NIFTY Breaks Today's Low @16168 Then SGX NIFTY Will Turn Bearish Trend
• On Thursday Night SGX NIFTY Hit A Low Of @15800
• On Friday SGX NIFTY Closed At @16200
• That's A 400 Points Move in a Matter Of 24Hrs
If SGX NIFTY Breaks @16000 Then SGX NIFTY Fall Upto @15800.
SGX NIFTY First Support At @16000 Second Support At @15967....!
Resistance SGX NIFTY Needs to Break@16230 Then It Will Raise Upto @16400-16600
In This Volatility Market And Bearish Market You Need To Do Short Sell Only.....!
Disclaimer :-
Please Keep Your Positions Little Because Volatility Is Very High So Please Avoid Trades in This Volatility Market. Hope You Understand My Opinion. This is for educational purpose only. If You Are Taking Any Position Consult Your Financial Advisor. Thank You
USDCAD BIG SELL Currently, we are in a correction phase waiting for the breakout in the future time to come. When wave C got completed, based on my perspective or view, a falcon wave has already formed also waiting for the breakout. A slight correction which started from 1.20000 to a fibs level between 50.0% and 61.8% is my anticipation. Once price reaches those fib level look for rejections and ride the big sell as the impulse wave continues